T-Mobile US, Inc. $TMUS Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 176.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,751 shares of the Wireless communications provider’s stock after purchasing an additional 3,035 shares during the quarter. Gateway Wealth Partners LLC’s holdings in T-Mobile US were worth $998,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in TMUS. JDM Financial Group LLC raised its stake in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 65 shares in the last quarter. Main Street Group LTD acquired a new stake in T-Mobile US in the first quarter worth about $25,000. Swiss RE Ltd. acquired a new stake in T-Mobile US in the fourth quarter worth about $29,000. Turning Point Benefit Group Inc. grew its position in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares in the last quarter. Finally, Sachetta LLC increased its stake in T-Mobile US by 52.9% during the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after buying an additional 55 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the transaction, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.

Key Headlines Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: T-Mobile’s latest quarterly results exceeded expectations, with earnings per share of $2.99 versus the $2.59 consensus estimate and revenue increasing 7.9% year over year. The earnings beat helped support a rebound after an initial selloff. T-Mobile Fell 11% on an Earnings Beat, Then Rebounded 6% the Next Day
• Positive Sentiment: Management is continuing to reduce costly free-phone promotions, while early signs suggest postpaid phone churn may be improving. Lower promotional spending could support margins and customer economics if retention remains stable. T-Mobile CEO Doubles Down on Reducing Free Offers
• Neutral Sentiment: The U.S. wireless market continues shifting toward 5G and customer experience as key competitive factors. T-Mobile’s customer-service reputation is a potential advantage, but the articles caution that current experience metrics do not necessarily guarantee future subscriber growth. Can T-Mobile and Verizon Win on Customer Experience?
• Negative Sentiment: A nationwide service outage affected T-Mobile customers and partners using its network, with tens of thousands of users reporting disruptions. The incident raises concerns about network reliability, customer satisfaction and potential churn. T-Mobile Faces Nationwide Outage
• Negative Sentiment: Investors are also concerned that SpaceX could become a more significant wireless competitor as Starlink expands and SpaceX explores acquisitions and additional spectrum. That prospect could increase competitive pressure on T-Mobile, Verizon and AT&T. T, VZ, TMUS Stocks Are Sliding Today — Is There a SpaceX Connection?
• Negative Sentiment: Fund commentary and market analyses have flagged emerging network-competition risks and weaker momentum for TMUS relative to other sectors and telecom alternatives, adding to the stock’s near-term pressure. T-Mobile US Lagged on Emerging Network Competition Concerns

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. UBS Group reduced their price target on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Arete Research boosted their target price on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Scotiabank cut their target price on T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating for the company in a research report on Wednesday, July 15th. Barclays lowered their price target on T-Mobile US from $230.00 to $215.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Finally, Wells Fargo & Company dropped their price objective on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $252.08.

T-Mobile US Stock Down 0.5%

NASDAQ TMUS opened at $181.52 on Thursday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. The company’s 50 day simple moving average is $183.87 and its 200 day simple moving average is $195.25. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $261.56. The company has a market capitalization of $194.71 billion, a P/E ratio of 19.01, a PEG ratio of 1.03 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, beating the consensus estimate of $2.59 by $0.40. The business had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.84 earnings per share. Equities research analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is currently 42.72%.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.